MSc Applied Economics

Glasgow

 

INTAKE: September

Program Overview

The MSc Applied Economics program at the University of Strathclyde offers students the opportunity to develop a strong foundation in economic theory and its application to real-world scenarios. 

  1. Comprehensive Curriculum: The program offers a comprehensive curriculum that covers core economic theories, quantitative methods, and applied economic analysis. Students gain a deep understanding of economic principles and learn how to apply them to solve complex economic problems.

  2. Applied Focus: The program places a strong emphasis on the application of economic theory to real-world contexts. Students engage in case studies, simulations, and practical projects that involve analyzing economic data, conducting economic research, and providing policy recommendations.

  3. Specialization Options: The program offers specialization options, allowing students to focus on specific areas of applied economics that align with their interests and career goals. Specializations may include topics such as financial economics, international trade, development economics, or public policy.

  4. Data Analysis and Econometrics: Students develop strong analytical and econometric skills, enabling them to work with large datasets, apply statistical techniques, and perform economic modeling. They gain proficiency in using software packages such as Stata, R, or Python for data analysis and econometric modeling.

  5. Industry Engagement: The University of Strathclyde has strong connections with industry and government organizations, providing students with opportunities for industry engagement and practical experience. Students may have the chance to participate in industry projects, internships, or research collaborations, gaining exposure to real-world economic challenges.

  6. Research-led Teaching: The program is delivered by experienced faculty members who are actively engaged in research. Students benefit from research-led teaching, staying updated with the latest advancements in applied economics and gaining insights from cutting-edge research.

Pollster Education

Location

Glasgow

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 21900

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 65% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.
    • TOEFL: A minimum overall score of 80, with at least 17 in Listening, Reading, Speaking, Writing.
    • PTE Academic: A minimum overall score of 60 with no individual score below 59.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

The University of Strathclyde offers a range of scholarships and financial aid options to support students in their academic journey. These scholarships are designed to recognize excellence, provide access to education, and support students in pursuing their goals. 

  1. Faculty-specific Scholarships: Many faculties within the University of Strathclyde offer scholarships tailored to specific areas of study. These scholarships aim to attract exceptional students and provide them with financial support throughout their academic program.
  2. Postgraduate Taught Performance Sport Scholarship: The University of Strathclyde recognizes the achievements of student-athletes and offers performance sport scholarships at the postgraduate level. These scholarships provide financial assistance and additional support to help athletes balance their sporting and academic commitments.
  3. Research Scholarships: The university also offers a range of scholarships for students pursuing postgraduate research degrees. These scholarships may cover tuition fees, living expenses, and research-related costs, providing valuable support for students engaged in cutting-edge research projects.

Graduates of the MSc Applied Economics program from the University of Strathclyde have excellent career prospects in various sectors. 

  1. Economic Research and Analysis: Graduates can pursue careers as economic researchers, working for think tanks, research institutes, or government agencies. They conduct economic research, analyze data, and provide insights and recommendations on economic policies, market trends, or business strategies.

  2. Financial Institutions: Graduates can work in financial institutions such as banks, investment firms, or insurance companies. They may contribute to economic forecasting, risk assessment, investment analysis, or financial modeling.

  3. Government and Public Sector: Graduates can join government departments, central banks, or international organizations. They may be involved in economic policy development, public finance management, or economic planning at the national or international level.

  4. Consulting and Advisory Services: Graduates can work in economic consulting firms, providing advisory services to businesses, nonprofits, or government bodies. They may assist with economic impact assessments, market research, or regulatory analysis.

  5. Data Analytics and Market Research: Graduates can pursue careers in data analytics or market research firms. They apply their strong analytical skills to analyze economic data, conduct consumer research, or support decision-making processes for businesses.

  6. Nonprofit and International Development: Graduates can work in nonprofit organizations or international development agencies, contributing to economic development projects, poverty alleviation efforts, or social impact initiatives.


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